Cooperative society registration

The name of the proposed society is vital as per the MSCS Rules and notifications issued by the Central Registrar and Registrar of Societies or as per the directions of the registration Authority.  Any name which is aganist National Emblem Act, 1949 cannot be used. The National Emblem of India (Prohibition of Improper Use) Act, 2005 is an Indian law that regulates the use of the national emblem of India and prohibits its improper use for commercial purposes and other purposes inconsistent with the dignity of the emblem. The Act was enacted to prevent the misuse and misrepresentation of the national emblem, which is an important symbol of India's sovereignty and integrity. The Act specifies that the national emblem of India, which consists of the Lion Capital of Ashoka, shall not be used for any improper or commercial purposes. Improper use includes using the emblem for any trade, business, calling, or profession, or for the purpose of trademarks, without proper authorization. Violations of this Act can result in penalties, including fines and imprisonment. It is aimed at preserving the sanctity and respect of the national emblem and ensuring that it is not used inappropriately or for commercial gain. The entrance fees and share money has to be deposited in the bank account and the certificate from the bank has to be obtained in that respect.

The transfer of share or interest of a member in the capital of a Multi State Cooperative Society shall be subject to such conditions as to maximum holding as specified Where a Multi State Co-operative Society is registered under this Act, Central Registrar shall issue a certificate of registration signed by him shall be conclusive evidence that the society therein mentioned is hereby registered under this Act, unless it is proved that the registration of " society has been cancelled.(1) On receipt of an application under rule 3, the Central Registrar shall enter the particulars of the application in the register of applications to be maintained in Form II, give a serial number to the application and issue a receipt in acknowledgement thereof. (2) If the Central Registrar is satisfied that the proposed multi-state cooperative society has complied with the requirements of the Act and the rules, he may register the society and its bye-laws. (3) Where the Central Registrar registers a cooperative society in Delhi, he shall issue to the said society a certificate of registration signed by him and bearing his official seal containing registration number and date of registration of the said society. The Central Registrar shall also issue, along with the certificate of registration, a certified copy of bye-laws, as approved and registered by him, which shall be the registered bye-laws of the said society for the time being in force. (2) Every proposal for such amendment shall be forwarded to the concerned Registrar and if the Central Registrar is satisfied that the proposal is in consonance with amendment of Multi State Cooperative Society but:- (a) is not contrary to the provisions of this Act or of the Rules; (b) does not conflict with co-operative principles; and (c) will promote the economic interests of the members of the Multi state Cooperative Society, he may register the amendment within a period of six months from the receipt thereof by him: Provided that if the Central Registrar is unable to register the amendment within the period aforesaid he shall make a report to the Government stating therein the reasons for his inability to do so the Central Government may allow him such further period periods as is considered necessary to register the amendment. (3) The Central Registrar shall forward to the Multi-State Cooperative Society a copy of the registered amended bye-laws together with a certificate by him and such certificate shall be conclusive evidence that the amendment has been duly registered.